5 Best Robinhood Stocks to Buy According to Billionaires

3. Palantir Technologies Inc. (NASDAQ:PLTR)

Number of Billionaire Holders: 23

On May 7, Argus upgraded Palantir Technologies Inc. (NASDAQ:PLTR) to Buy from Hold and set a $190 price target following the company’s Q1 results.

The analyst said Palantir’s revenue growth has continued to accelerate, while operating margins have improved sharply. After the recent sell-off, the firm believes the stock now offers a more attractive entry point. Argus also raised its FY26 EPS estimate by $0.15 to $1.47 and increased its FY27 forecast by $0.25 to $1.94.

During the company’s Q1 2026 earnings call, Chief Revenue Officer and Chief Legal Officer Ryan Taylor said revenue grew 85% year-over-year during the quarter. He noted that the company’s U.S. business, which now accounts for 79% of total revenue, climbed 104% year-over-year and moved past the 100% growth mark.

Taylor also said the company’s Rule of 40 score reached 145% and described AIP as the only platform capable of creating a true AI “no slop zone.”

CTO and Executive VP Shyam Sankar said one of the biggest shifts in enterprise software is that AI models are becoming more alike while token costs continue to decline sharply. He noted that GPT-4 equivalent performance is now roughly 1,000x cheaper.

Sankar added that Palantir is building a platform-native agent engine SDK that includes unified cost attribution per agent, full provenance tracking, and controls such as approval gates. According to him, these features are helping CISOs, CFOs, and combatant commanders feel more comfortable approving the technology.

Palantir Technologies Inc. (NASDAQ:PLTR) develops software designed to support counterterrorism investigations and operations. The company’s main software platforms include Palantir Gotham, Palantir Foundry, Palantir Apollo, and Palantir Artificial Intelligence Platform (AIP).